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PYMNTS.com is where the best minds and the best content meet on the web to learn about “What’s Next” in payments and commerce. Our interactive platform is reinventing the way in which companies in payments share relevant information about the initiatives that shape the future of this dynamic sector and make news. Our data and analytics team includes economists, data scientists and industry analysts who work with companies to measure and quantify the innovation that is at the cutting edge of this new world. http://www.pymnts.com

Pymnts.com's articles

  1. Department & Category

Pepsi Automates Supply Chain to Head Off Shortages

As supply chain challenges continue to plague food and beverage (F&B) brands, industry giant PepsiCo, parent company of a wide range of popular brands, including Pepsi, Lay’s and Doritos, is investing in digitalizing its data insights to get ahead of potential challenges down the line. In joint prepared remarks Wednesday (Oct. 12) accompanying the company’s […]
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  1. Shopper & Customer

Retail Vacancy Rate Hits 15-Year Low

Retail vacancies in the United States dropped to 6.1% in the second quarter, a 15-year low, as Americans continued to resume in-store shopping. Asking rents for shopping center spaces during the quarter were 16% higher than five years ago, The Wall Street Journal (WSJ) reported Tuesday (Oct. 4), citing figures from commercial real estate broker […]
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  1. Data & Insights

Amazon-Owned Epix to Be Rebranded as MGM+ in January

Amazon-owned cable and streaming network Epix will have a new name beginning in January: MGM+.  The rebranding will debut Jan. 15, 2023, while the network continues with its current distribution channels and categories of content, Epix said Wednesday (Sept. 28) in a press release.  “MGM is one of the most iconic and beloved brands from […]
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  1. Shopper & Customer

Grocery Stores Compete to Capture Consumer’s Healthy Food Spend

As food and beverage businesses announce their participation in the White House Conference on Hunger, Nutrition, and Health Wednesday (Sept. 28), many are using the opportunity to unveil not only environmental, social, and corporate governance (ESG) initiatives, as one might expect, but also features to drive customer acquisition and loyalty with nutrition-minded shoppers. These efforts […]
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  1. Shopper & Customer

Consumers Trade Restaurant Meals for Upscale Brands at Home

As food prices rise, many consumers are eating at home more often, offering premium consumer packaged goods (CPG) brands the chance to attract new customers. Even as many shoppers trade down, opting for less expensive grocery products, premium CPG brands somewhat counterintuitively have a unique opportunity to woo cost-conscious consumers. Daniel Doll, CEO of direct-to-consumer […]
3 min read
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  1. Channel: Mass

Target to Launch Early Holiday Deals, Hire 100K Workers

The holiday shopping season is starting Oct. 6-8 at Target, as one of the largest retail chains in the United States launches a Deals Day event with thousands of select items discounted for that window of time only. Target is also planning to hire as many as 100,000 employees for the holiday season in stores […]
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  1. Shopper & Customer

August Retail Spending up Against Backdrop of Falling Gas Prices

Retail spending inched up in August as prices at the gas pump continued to fall and consumers forged forward despite high inflation and rising interest rates taking a bigger bite of household budgets. Retail sales rose 0.3% last month after a downwardly revised 0.4% drop in July, according to the monthly report from the Commerce Department on […]
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  1. Channel: Mass

Walmart Ramps up Online Site Personalization to Improve EBT, Gift Registry

Walmart is updating its online site to make it easier for shoppers to personalize the features they need most, from finding EBT- and SNAP-eligible products to signing up or shopping for gift registries and more. The retailer has in recent months “made significant improvements to our site experience and launched new features to make shopping […]
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  1. Agencies & Vendors

DoorDash, Restaurants Target Businesses as Office Workers Return

As more players in the food and beverage (F&B) space debut corporate meal solutions, DoorDash, the leading U.S. restaurant aggregator, is making changes to its own B2B program to better compete. On Monday (Sept. 12), the aggregator announced new features for its DoorDash for Work product suite, which launched in 2020, and which offers DashPass […]
3 min read
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  1. Media & Marketing

Report: Users Still Spending 10x Time on TikTok Than Instagram Reels

Meta’s efforts to match the popularity of TikTok by promoting short-form videos called Reels on its Instagram platform is falling short. Although Reels is Meta’s fastest growing format for content, the amount of time Instagram users spend watching Reels is less than 10% of the time TikTok users spend watching videos on that platform, The […]
2 min read
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  1. Trends & External Forces

Shopify, Porch Lead Surge in ConnectedEconomy100 Index

It’s a rare occasion when the Connected Economy 100 (CE100) Index outperforms the broader markets, but we’ve seen that happen in the past week. To that end, the CE100 stock index surged by 5.7%, well beyond the 3.6% gains seen with the S&P 500. All pillars gained ground, but the best performing index could be […]
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  1. Shopper & Customer

Study Finds Fewer Than 10% of Consumers Use FinTechs as a Primary Bank

Most people have tried digital banking, but they may not have realized it. PayPal and Venmo are both already mainstream, and many digital-only banks are ready for consumers to transfer their primary accounts. Many consumers are not yet prepared to cut ties with their traditional financial institutions (FIs) and go fully digital, however. But PYMNTS’ […]
3 min read
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